The Traderszone Network

Published in TZ Latest News 30 September, 2015 by The TZ Newswire Staff

WTO cites China, U.S., refugee costs as risks to trade growth

World trade will grow by 2.8 percent this year and could be pegged back further by a U.S. interest rate rise, China’s economic slowdown or Europe’s refugee crisis, the World Trade Organization said on Wednesday. The WTO’s forecast implies growth will quicken this year, from 2.5 percent growth in 2014.

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